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![CPATaxTeam Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::164809921.png) Craig Hausz, CPA [@CPATaxTeam](/creator/twitter/CPATaxTeam) on x 5141 followers
Created: 2025-07-02 22:18:53 UTC

Is putting inventory on an income statement a departure from GAAP? I believe it is and should be disclosed. 

Prior CPA included beginning and ending inventory on the P&L. We're saying it's a departure from GAAP to include on P&L and needs to be disclosed. @robbhurstCPA #TaxTwitter


XXXXX engagements

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**Related Topics**
[balance sheet](/topic/balance-sheet)

[Post Link](https://x.com/CPATaxTeam/status/1940535677302501812)

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CPATaxTeam Avatar Craig Hausz, CPA @CPATaxTeam on x 5141 followers Created: 2025-07-02 22:18:53 UTC

Is putting inventory on an income statement a departure from GAAP? I believe it is and should be disclosed.

Prior CPA included beginning and ending inventory on the P&L. We're saying it's a departure from GAAP to include on P&L and needs to be disclosed. @robbhurstCPA #TaxTwitter

XXXXX engagements

Engagements Line Chart

Related Topics balance sheet

Post Link

post/tweet::1940535677302501812
/post/tweet::1940535677302501812